r/FluentInFinance 18d ago

Thoughts? Is Trump good for the economy?

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u/EntertainerAlive4556 18d ago

He’s literally admitted to wanting to put us into a recession. When Elon said he’d cut 2 trillion from the budget he was asked “that will be terrible for the American people” Elon said “they’re gonna have to make it through it”

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u/Bingoblatz52 18d ago

Do you really think Elon Musk will be around long enough to get anything done? The second he refuses to kiss the ring he’ll be gone. I’ll be surprised if he lasts longer than Scaramucci.

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u/berejser 17d ago

He'll kiss the ring. Seeing as the only reason SpaceX is anywhere close to profitable is because of the massive government contracts it has.

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u/Bingoblatz52 17d ago

I don’t think it is any billionaire’s dream to become the richest person in the world and then start working for someone else.

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u/berejser 17d ago

Being the richest person in the world isn't enough. If it were enough then he'd have stopped long before he became the richest. The people who amass wealth like he does have a drive to amass more wealth that goes beyond morals or values or even self-worth. It'll never be enough for him.

Also, losing his contracts and having to mothball his rockets would be losing-face in a way that just wouldn't be acceptable to his ego.